2022年工业科技报告（英）-33正式版

IndustrialTech2022UpdateSpeedinvest-TheVCforEuropeanIndustrialTechStartupsSpeedinvestisaleadingEuropean,early-stageVCwithsector-focusedinvestmentteams,in-houseoperationalsupport,andthenetworksneededtobuildcategory-definingtechcompanies.Thefutureofindustryisdigitalandgreen.Europeisenteringanewindustrialeradrivenbytransformativetechnologies,newbusinessmodelsandthecommongoalofdecarbonization.TheIndustrialTechteaminvestinstartupspushingEuropeintothefuture,andourinvestorsareleadingindustrialcorporationseagertocollaboratewithourportfoliocompanies.LearnmoreaboutSpeedinvestandour+250portfoliocompaniesat.Page2

250+portfoliocompaniesGlobalintelligenceaboutpromisingcompanies,fromstartupstounicornsDealroom.coistheforemostdataprovideronstartup,early-stageandgrowthcompanyecosystemsinEuropeandaroundtheglobe.FoundedinAmsterdamin2013,wenowworkwithmanyoftheworld'smostprominentinvestors,entrepreneursandgovernmentorganizationstoprovidetransparency,analysisandinsightsonventurecapitalactivity.OurofferingsincludedatasetsviaSaaSandAPIaswellascustomreportsandbespokeecosystemplatforms.Page3BigthankstothecontributorstothisreportPatrikBerglundMarie-HeleneAmetsreiterLeonardSchmidSimonBushellCEO&Co-FounderFounder&CEOGeneralPartner,IndustrialTechAssociateatSpeedinvestatSpeedinvestPage4Industrialtechisholdingupstrongly.With$4.7Bsofar,VCinvestmentinEuropeanIndustrialtechin2022isontracktosurpassthe2021level.IndustrialtechhasinfactbeenoneofthefastestgrowingsectorsforVCfundinginthelastyear.Logisticshasbeenthelargestsegmentbothbytheamountinvestedandthenumberofrounds,followedbyrobotics.VCfundinginEuropeanIndustrialTechstartups$6.1B$4.9B$4.7B$1.8B2016202020212022YTDPage5Source:Dealroom.co.

ThecorporatesectorisplayinganevermoreimportantroleinIndustrialtech.CorporateinvestmentinEuropeanindustrialtechhasreached$802Min2022,doublingthe2020levelandontracktosurpassthe2021level.Thenumberofroundsisontracktoexceedthe2021levelaswell.ThemajorityofthecorporateinvestorsthathaveinvestedinEuropeanIndustrialtechin2022operateintheindustrialspace.CorporateinvestmentinEuropeanIndustrialTechxClimatestartups$1.0B$843M$802M$337M2016202020212022YTDClimatetechcontinuestogaintraction.IndustrialxClimatetechEuropeaninvestmenthasalreadyreached$1.1Bthisyearandisontracktosurpassthe2021level.Logisticsisthesegmentattractingthemostfunding,followedbyenergyandadvancedmaterials.Butclimatefocusedstartupscanbefoundinalmosteveryindustrialtechsegment.Therearenowover60Europeanclimate-focusedinvestors.VCfundinginEuropeanIndustrialTechxClimatestartups$1.4B$1.2B$1.1B$0.5B2016202020212022YTDWeʼveidentified18coresegmentsinIndustrialtechLogisticsRoboticsConnectivity&IoTEnergyAdvancedmaterialsDataanalyticsConstructionNoveltechnologiesandRoboticsfortheindustrialSoftware(incl.Industrialsite/shopfloorMaterialswithuniqueorToolsthatuseamassiveNoveltechnologiesbusinessmodelsinB2Buse,bothhardwarerobotsconnectivity&dataIoT-enabled)fortheB2Benhancedproperties,novelamountofdatainthe(software,hardware&logistics&softwaretoolstotrain&gatheringenergyspace.Thenichesustainablematerials&industrialspacetodrivematerials)&businessoperatethem.Roboticdoesnotincludehardwaretechnologiestoobtainbusinessoutcomemodelsinconstructionprocessautomationisnot(powergeneration&them(predictivemaintenance,included.energystorage,EVprocessparametercharging,CO2capture,optimization,etc.)etc.)&B2Cenergy.AdditivemanufacturingHardware(3Dprinters),softwaretoenablethem,marketplacestoconnectbuyers&producers;novelmaterialsfor3Dprinting

Workflow&projectmanagementIndustrialERP(enterpriseresourceplanning)-inventory,ordermanagement;industrialprojectmanagementtools

Drones&droneWorkforcesoftwaremanagementPartofindustrialrobotics.IndustrialemployeeIncludesaerial&education&managementsea/subseadronesfortools,includingconnectedindustrialuse,&relatedworkerplatforms,toboostsoftware(droneoperation,safety,quality&dronefleetmanagement,productivityetc.)SimulationAR/VRMarketplacesCybersecurityProcurementEngineeringAfter-salestoolssupportSimulationtechnologyAR/VRtechnologiesforMarketplacesthatserveCybersecuritytoolswithDigitalprocurementtoolsDevelopertoolswiththeSoftwaretoolsfortoolsfortheindustrialindustrialuse,boththeindustrialspacetheprimaryfocusortargetingtheindustrialprimaryfocusontheindustrialmaintenance,spacehardware&softwarerelationtotheindustrialspace(supplierdiscovery,industrialmarketafter-salesservices&techspacematerialsearch,etc.)(databasesforindustrialsupportIoT,robotprogramming&trainingtools,etc.)Page6Source:Dealroom.co…covering748EuropeanIndustrialtechcompanieswithatleast$1MinVCfunding.Logistics Robotics Connectivity&IoT Energy Advancedmaterials Dataanalytics ConstructionAdditiveWorkflow&project=UnicornDrones&droneWorkforcemanufacturingmanagementsoftwaremanagement=ClimateTechSimulation AR/VR Marketplaces Cybersecurity Procurement Engineeringtools After-salessupport*Page7Source:Dealroom.co.(*)Arqitnowvalueslessthan$!BTableofcontents12

IndustrialtechupdateIndustrialxClimatetechPage8IndustrialtechupdateIndustrialtechisatanearlierstageofdevelopmentthansectorslikeFintechandHealth,butisamongthefastestgrowingsectorsintermsofVCinvestment.$81BTotalamountinvestedinEuropeEuropeanVCinvestmentinJan.-Sep.,2022vs.20212015-2022YTDFintech$87BHealth(incl.biotech)$62BEnterprisesoftware$56BTransportation$35BFood$27BMarketing$21BIndustrialtech$17BMedia$11BRealestate$10BSecurity$9BTravel$8BGaming$8BJobsrecruitment$8BEducation$8B

Realestate50%Travel27%Jobsrecruitment19%Industrialtech12%Enterprisesoftware7%Security4%Fintech-7%Marketing-11%Transportation-15%Education-28%Health-34%Media-38%Gaming-45%Food-46%Page/10 Source:Dealroom.co.Thechartsarebasedonthecompanieswith$1M+intotalfunding.With$4.7Bsofar,VCinvestmentinEuropeanIndustrialtechin2022isontracktosurpassthe2021level.EuropeanIndustrialTechinvestment(2015-2022YTD)viewonline$250m+▊$100-250m▊$40–100m(seriesC)▊$15–40m(seriesB)$4–15m(seriesA)▊$1–4m(seed)▊$0–1m(pre-seed)$7B$6.1B*$6B$4.9B$4.7B$5B$4B$1.8B$3B$2B1B020152016201720182019202020212022Page11YTDSource:Dealroom.co.(*)estimatedamounttoberaisedbytheendof2022

Severallargeroundshavealreadytakenplacein2022.LargestroundsinEuropeanindustrialtechin2022LogisticsProcurement€500MGrowthEquityVC$400MSeriesDLogistics,roboticsLogistics$335MSeriesD$250MSeriesDLogisticsEnergy€200MSeriesD€190MSeriesBAR/VRLogistics$150MSeriesD€122MLateVCMegaroundshaveaccountedfor53%ofallfundingin2022,anall-timehigh.Already10megaroundsin2022,ontracktoexceed2021.EuropeanIndustrialtechinvestmentbyroundsize»viewonline▊$0-1M(pre-seed)▊$1-4M(seed)▊$4-15M(seriesA)▊$15-40M(seriesB)▊$40-100M(seriesC)▊$100-250M▊$250M+

NumberofEuropeanIndustrialtechrounds>$100Mviewonline$100-250M▊$250M+100%80%60%40%20%

53%

1413*12108642020152016201720182019202020212022TD

20152016201720182019202020212022TDPage/12 Source:Dealroom.co.(*)estimatednumberofexitsbytheendof2022Industrialtechvaluationshavedropped50%inthepublicmarket,withwidedifferencesacrossorganizations.CombinedmarketcapofpublicindustrialtechstartupsinEurope»viewonline$23.2B$25B-50%$20B$15B$11.6B$10B$5B20152016201720182019202020212022YTD

Changeinsharepricein2022YTDofselectedpublicIndustrialtechstartupsandscaleups-21%-27%-38%-47%-51%-56%-67%-67%-75%Page/13 Source:Dealroom.coIndustrialtechvaluationshaveseensomeofthebiggestdropsthisyearinthepublicmarket.$81BCombinedpublicEVchangebyindustryinEurope,2022YTDvs.2021Marketing45%Jobsrecruitment27%Gaming22%Realestate-1%Health-9%Enterprisesoftware-17%Transportation-19%Security-26%Media-27%Fintech-30%Travel-45%Food-46%Industrialtech-51%Education-66%Page/14 Source:Dealroom.co.ThepublicmarketisjustasmallpartofthevalueofIndustrialtechtodayandprivatevaluationsarestillgrowing.Thegrowthis(among)thehighestcomparedtoothersectors.$4.6B

CombinedenterprisevalueofEuropeanIndustrialtechcompaniesprivatecompanies▊publiccompanies$100.3B$88.6B $11.4B$23.2B$88.9B$37.2B$30.0B $65.4B$19.3B$12.6B$7.9B

Combinedprivateenterprisevaluechangebysegment;2022YTDvs.2021Enterprisesoftware50%Industrialtech36%Jobsrecruitment35%Transportation34%Security33%Food30%Fintech24%Marketing23%Education23%Realestate21%Health20%Media11%Gaming10%Travel1%20152016201720182019202020212022YTDPage/15 Source:Dealroom.co2022haswelcomed5newEuropeanIndustrialtechunicorns&$1B+exits.OtherProcurementRoboticsLogisticsCybersecurityOtherexitPolandexitFranceGermanyGermanyLuxembourgSwitzerlandFounded:2000.Valuation:$1BFounded:2018.Valuation:$1BFounded:2006.Valuation:$4.8BFounded:1997.Valuation:$1.2BFounded:2009.Valuation:$2BFounded:1995.Valuation:$2BAplatformtoenableefficiencyinIntelligentsolutionstofacilitatesafeManufacturer&operatorofautomatedITsecurityforproduction&High-puritygraphenenanotubesSoftwareforsheetmetalformingandspendmanagementandsupplierhuman-robotinteractionparcellockersfore-commercelogisticsinfrastructure,fromsmartgridstoBiWassemblyprocessrelationshipscloud-connectedshopfloorsexitexitGermanyNorwayGermanyUnitedKingdomNetherlandsUnitedKingdomFounded:2011.Valuation:$11BFounded:1995.Valuation:$7.7BFounded:2016.Valuation:$2.1BFounded:2013.Valuation:$1.9BFounded:2009.Valuation:$1BFounded:2012.Valuation:$1.1BProcessminingwidelyusedinAutomatedstorageandretrievalsystemDigitalfreightforwardingandotherʻIndustrialimmunesystemʼpoweredbyEnergycommoditiestradingERPsoftwareformanufacturingprocurement,inventory&orderforwarehousessupplychainsolutionsself-learningAIplatformcompaniesexitFranceGermanyFounded:2015.Valuation:$2BFounded:2015.Valuation:$1.2BRoboticsenablinghigh-densityDigitalroadfreightlogisticsinventorystorageandretrieval

UnitedKingdomNorwayFounded:2017.Valuation:$529MFounded:2016.Valuation:$1.6BQuantumencryptionforindustrialIoT,DataOpsplatformenablingdigitizationfixedlinenetworks,5Gandotherareasofasset-heavyindustries.SubsidiaryofAkerASA

SwitzerlandFounded:2009.Valuation:$1BSmartdatacapturesolutionsforlogisticsandretailSwedenFinlandFounded:2016.Valuation:$1.4BFounded:2005.Valuation:$5.5BFreighttechnologyforelectricandAI-drivenretailoptimizationsolutionsautonomousshippingPage16Source:Dealroom.co.AutoFormisnewinthisreport.ThebuyouttookplaceinNovember2021afterthe2021Industrialtechreportlaunch.Companiesthatachievedunicornstatusasaresultofanexitaremarkedas“exit”inthetopleftcorneroftherespectiveblocks.

-Thecompanybecameaunicornin2022-Thevaluationhasdroppedbelow$1BGermanyandFrancearestilltopIndustrialtechhubs.NordicspunchabovetheirweightwithFinlandintop3thisyear,UKonly4th.VCinvestment2022YTDVCinvestment2015-2022YTDCompanieswiththelargestroundsin2022Germany$1.4B$5.8BFrance$827M$2.7BFinland$662M$1.3BUnitedKingdom$360M$2.2BSwitzerland$348M$1.1BSpain$271M$570MSweden$261M$857MNorway$181M$787MAustria$139M$209MNetherlands$88M$617MBelgium$40M$196MPolandPage17$30M$114MSource:Dealroom.co.LogisticsisthelargestsegmentinEuropeanIndustrialtechbothbytheamountinvestedandthenumberofrounds,followedbyrobotics.LogisticsRoboticsEnergyConnectivity&IoTAR/VRDrones&dronesoftwareSimulationEngineeringtoolsProcurementConstructionDataanalyticsMarketplacesAdditivemanufacturingAdvancedmaterialsWorkforcemanagementAfter-salessupportCybersecurityWorkflow&projectmanagement

Amountinvested▊2021 ▊2022$2.4B$2.5B(+4%)$565m$776m(+37%)$270M$392M(+45%)$205M$264M(+29%)$42M$255M(+507%)$56M$140M(+150%)$58M$128M(+121%)$27M$107M(+296%)(-42%)$588M$1.0B(-29%)$163M228M(-60%)$84M$211M(-28%)$83M$115M(-2%)$64M$65M(-81%)$63M$340M(-63%)$41M$110M(-71%)$30M$105M(-59%)$14M$34M(-89%)$14M$124M

IncreasedDecreased

RoboticsEnergySimulationDrones&dronesoftwareDataanalyticsProcurementAR/VREngineeringtoolsLogisticsConnectivity&IoTConstructionMarketplacesAdditivemanufacturingCybersecurityAdvancedmaterialsWorkforcemanagementWorkflow&projectmanagementAfter-salessupport

Numberofrounds▊2021 ▊202224(+14%)22(+16%)811(+38%)911(+22%)1314(+8%)9(+13%)5(0%)4(0%)(-9%)4145(-45%)1120(-61%)1128(-11%)89Decreased(-13%)78(-13%)78(-79%)628(-50%)24(-60%)25(-75%)14$0B$0.5B$1.0B$1.5B$2.0B$2.5B$3.0B

01020304050Page18 Source:Dealroom.co.TheslideisbasedontheQ1-Q3data,2021and2022;companieswith$1M+intotalfundingWithinthelogisticssector,procurementstartupshaveraisedthemostwithinEuropeanIndustrialtechsince2016.20152016201720182019202020212022YTDLogisticsprocurement$18M$28M$16M$57M$601M$157M$1.0B$515MFreightforwarding$1M$14M$71M$18M$176M$113M$604M$333MEcommercelogistics$3M$23M$30M$23M$118M$152M$564M$336MLogisticsmanagement$26M$10M$43M$5M$225M$18M$42M$605M$20M$13M$15M$85M$35M$148M$69M$405MWarehouseautomation-$500K$19M$32M$44M$17M$235M$3MRoboticfleetsTrackingandvisibility$7M$10M$23M$17M$54M$54M$65M$85MLogisticsdrones$352K$2M-$10M$14M$2M$57M$79MPalletsandcontainers--$9M$785K$1M$62M$35M$6M$17K$3M$9M$32M$300K$19M$360K$3MShippingmarketplaces--$2M-$3M$1M$4M$39MOn-demandstorage-$3M-$4M-$20M--Industrialexoskeletons-$330K--$1M$5M-$2MCargobikes--$2MParcellockersPage/19 Source:Dealroom.co.Industrialtechstartupsaretappingintothehugeopportunitytoimprovetheshippingandlogisticantiquatedindustryprocesses.“PatrikBerglundCEO&Co-FounderXeneta

Itisincreasinglycomplexforcompaniestonavigatetheshippingandlogisticmarket.Thereisahugeneedfordatatotakesmartdecision.AtXenetawearetacklingthisbybringingtransparencytotheshippingandlogisticindustrythroughtheaggregationofdataonpricing,reliability,capacityandCO2emissions.Usingbigdataanalytics,theXenetaplatformprovidesunprecedentedoceanandairfreightratetransparencychangingtheunderlyingbusinessprocessesoftheindustry.Xenetaʼseasy-to-useyetpowerfulreportingandanalyticplatformprovidesshippersandfreightforwardersthedatatheyneedinrealtimetocomparetheirshippingpricesagainsttheworld'slargestdatabaseofcontractedrates.Page20Source:Dealroom.coIn2022,thenumberofcorporateinvestmentshasincreasedacrossmorethanhalfofallIndustrialtechcategories,comparedto2021.Corporateinvestmentsas%ofnumberofVCinvestments▊2021 ▊2022

ThemajorityofthecorporateinvestorsthathaveinvestedinEuropeanIndustrialtechin2022operateintheindustrialspace.Corporates&CVCsthathaveinvestedin2022EuropeanOutsideEuropeEnergyDrones&dronesoftwareAR/VRDataanalyticsRoboticsCybersecurityEngineeringtoolsMarketplacesAdditivemanufacturingProcurementAdvancedmaterialsAfter-salessupportConnectivity&IoTConstructionLogisticsSimulationWorkflow&projectmanagementWorkforcemanagement

25% +41%5%39%25% 37%19% 28%25% 27%14% 23%13% 21%10% 19%14% 17%4% 5%20% 32%17% 29%16% 21%11% 15%10% 18%9% 18%0% 14%0% 14%0 10% 20% 30% 40%

IncreasedDecreased

IndustrialOtherPage21Source:Dealroom.co.TheslideisbasedontheQ1-Q3data,2021and2022;companieswith$1M+intotalfunding.CorporateinvestmentinEuropeanindustrialtechhasreached$802Min2022,doublingthe2020levelandontracktosurpassthe2021level.Thenumberofroundsisontracktoexceedthe2021levelaswell.CorporateinvestmentinEuropeanIndustrialtechCorporateinvestmentinEuropeanIndustrialtech(amount)(numberofrounds)»viewonline»viewonline$1.2B120107*$1B*$1.0B93100$843M$802M7782$800M80$600M60$337M40$400M$200M20002015201620172018201920202021202220152016201720182019202020212022YTDYTDSource:Dealroom.co.(*)estimatedamount/numberofroundstoberaisedbytheendof2022Thenumberofexitsin2022isontracktoexceedthe2021level,eventhoughno(SPAC)IPOsaretakingplace.EuropeanIndustrialTechexits(2015-2022YTD)viewonlineAcquisition▊BuyoutIPO▊SPACIPO40305202710020152016201720182019202020212022YTD

Lookingatthebiggerexits,only2$100M+exitstookplacein2022sofar,while2021counted7.Largestexits2021-2022*€2.8BIPOJan2021$2.0BBuyoutNov2021Valuation:€8.0BValuation:$2.0B€1.0BBuyoutMar2022€622MSep2022Valuation:€1.0BValuation:€622M$345MSPACIPOSep2021$280MAcquisitionJan2021Valuation:$1.4BValuation:$280M£165mIPOApr2021$190MAcquisitionJul2021Valuation:£1.7bValuation:$190MPage23Source:Dealroom.co.*Exitscountinthe2022reportexcludessecondarytransactions,whilethe2021reportincluded.IndustrialxClimatetechIndustrialxclimatetechinvestmentisontracktosurpassthe2021level.VCinvestmentinEuropeanIndustrialtechstartupswiththeClimatetechfocus»viewonline$250m+▊$100-250m▊$40–100m(seriesC)▊$15–40m(seriesB)$4–15m(seriesA)▊$1–4m(seed)▊$0–1m(pre-seed)$1.5B$1.4B$1.2B$1.1B$1.0BThemajorityofinvestmentaccountsformega-rounds.NotableIndustrialxClimatetechstartupsthatraisedfundingin2022DigitalfreightforwardingDecarbonizationofComprehensivesolutionssolutionssteelproductionforenergytransitionTotalfunding:$616MTotalfunding:$314MTotalfunding:$285MEnergyandenvironmentalPredictiveanalyticsforSimulationandoptimizationgeoanalyticslithium-ionbatteriesforwindenergyassetsTotalfunding:$81MTotalfunding:$71MTotalfunding:$69MCarboncreditratingsSoftwaresolutionforSustainableconstructionplatformenergytransitiontechnology$0.5B

$470M

Totalfunding:$40MTotalfunding:$37MTotalfunding:$36MDigitaltwintechnologyforRoboticstoperformoffshoreEnergymanagementsystemcriticalinfrastructureenergyservicesforindustrialcompanies020152016201720182019202020212022YTDPage25Source:Dealroom.co.

Totalfunding:$32MTotalfunding:$30MTotalfunding:$21MLogisticsisthesegmentwiththelargestamountofinvestmentinclimatetechfocusedstartups,followedbyenergyandadvancedmaterials.VCinvestmentinEuropeanIndustrialtechstartupsVCinvestmentinclimatefocusedIndustrialtechas%ofVCwiththeclimatetechfocus,2020-2022YTDinvestmentinallindustrialtechbyniche,2020-2022YTDLogistics$906MAdvancedmaterials61%Energy$517MEnergy59%Advancedmaterials$364MConstruction24%Robotics$260MSimulation21%Construction$127MLogistics16%Dataanalytics$71MRobotics15%Simulation$63MDataanalytics13%Connectivity&IoT$60MConnectivity&IoT11%Marketplaces$19MWorkflow&projectmanagement10%Drone&dronesoftware$19MDrones&dronesoftware8%Workflow&projectmanagement$17MMarketplaces6%Workforcemanagement$6MWorkforcemanagement2%Additivemanufacturing$3MAfter-salessupport2%After-salessupport$3MAdditivemanufacturing1%Procurement$2MProcurement<1%Page/26 Source:Dealroom.co.TheslideshowsonlythosesegmentsofDealroom.coindustrialtechdatabasethatincludeclimatetechfocusedstartups.FoundersinIndustrialxClimatetechseeplentyofopportunitiesforfurthergrowthinthespace.SimonBushellFounder&CEOSympower

“Moreambitiouspoliciesregardingrenewableenergyneedtobeimplementedtomeetthe2050climategoals.Thedemandofflexibilityservicesisonlygoingtogrowtohelpthisuptake.Theproblemofrenewablesisnʼtasupplyissue.Itʼsabalancingissue.Ourroleisonthedemandsidefocusingonflexibilityservicesthatperiodicallychangetheconsumptionofelectricity.Sympowerhelpsindustrialandcommercialcompaniesdiscoverwhatflexibleassetsandprocessestheyhaveinordertochangetheirenergyconsumption,andcreateabalancedgrid.Throughserviceslikebatteryenergystoragesystems(BESS)anddemandresponse,wecreateanenvironmentthataccommodatesfortherisingdemandofrenewableenergy.Themorebusinessesareabletobenefitfromtheseservices,thegreaterourenergysecurityandindependencegrows.”ReadthefullinterviewPage27Source:Dealroom.coClimatefocusedstartupscanbefoundinalmosteveryIndustrialtechsegment.EnergyConstructionLogisticsRoboticsAdvancedmaterialsSolutionsforEnergyandEco-friendlySustainableSustainableElectricandSubsearoboticsDriverlessMaterialsbasedTechnologyforenergyenvironmentalthermalconstructiondigitalfreightautonomousforoffshoreelectriconrenewablesynthesizingefficiencygeoanalyticsinsulationtechnologyforwardingshippingrenewablesvehiclesfeedstockgraphenenanotubesAdditivemanufacturingMarketplacesProcurementDronesDataanalyticsSolutionsforDigitalsprayingCircularSustainableMarketplaceforPlatformforSolar-poweredRobotizedwindAIwasteforsustainable3D-printedbusinesswasteexcessandresponsibledronesturbineinspectionindustrialassetanalyticsconstructioninteriorobjectssolutionsprimemetalsprocurementandmaintenanceefficiencyandplatformsustainabilityConnectivity&IoTSimulationAfter-salessupportWorkforcemanagementWorkflow&projectmanagementOperatingsystemSelf-poweredIoTplatformSimulationSimulationforPlatformforSolutionsfortheProjectdeliverywirelesssensorconnectingsolutionsforcriticalforcircularfrontlineteamstowaste,recyclingplatformallowingsolutionsrenewableenergylargescaleinfrastructure,incl.servicesandreduceerrorsandandothertocalculateassetsrenewableswindenergyproductsdowntimeindustriescarbonfootprintPage28Source:Dealroom.coEuropeanClimatetechinvestorshaveraised$1.8BinClimatetechfundssofarthisyear.AmountofclimatetechfundsLargestclimatetechfundsraisedupuntilQ32022$2.5BNameHQFundsize$2.3BLondon$462M$1.8BLondon$330M$1.3BGermany$330M$476MNetherlands$121M$207M$189M$12M$57MGermany$119M20152016201720182019202020212022YTDPage29Source:Dealroom.coTherearenowover60Europeanc